America's home improvement boom appears to be over
Americans turned into DIY fanatics during the pandemic, beautifying their apartments, homes and condos while they were stuck inside and tired of looking at the same drab interior every day. But the Covid emergency is over, prices are (much) higher, consumers are growing fearful of a recession and people are spending less at Lowe's and Home Depot.
2023-05-23 20:46
How you can prepare for a debt default
Treasury Secretary Janet Yellen reaffirmed June 1 as the hard deadline to raise the debt ceiling on Monday, saying she expects the US not to be able to pay all of its bills in early June.
2023-05-23 20:24
Jamie Dimon warns of a commercial real estate downturn
Economists are concerned about the $20 trillion commercial real estate (CRE) industry and so is JPMorgan Chase CEO Jamie Dimon.
2023-05-23 19:56
Lordstown opts for reverse stock split to meet Nasdaq rules, appease Foxconn
(Reuters) -Lordstown Motors Corp said on Tuesday it will carry out a reverse stock split to meet the Nasdaq listing
2023-05-23 19:55
Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
2023-05-23 19:23
Ocado Could Exit FTSE 100 Index in Fresh Blow to UK’s Tech Hopes
Ocado Group Plc, an online grocer and maker of automated warehouses, is in danger of being booted out
2023-05-23 19:16
EU seeks top court backing in $14 billion tax fight against Apple
By Foo Yun Chee LUXEMBOURG EU competition regulators appealed to the bloc's highest court on Tuesday to override
2023-05-23 18:45
IMF Says UK Economy Will Grow Faster Than Germany This Year
The UK economy will grow faster than Germany this year and avoid a recession, the International Monetary Fund
2023-05-23 17:50
Yelp Soars Most Since August on Report of Activist Call for Sale
Yelp Inc. shares are on track to rise the most since August following a Wall Street Journal report
2023-05-23 17:22
Fed Rate Path Hinges on Trade-Off Between Stable Banks or Prices
Federal Reserve policymakers are increasingly grappling with a critical question: How much should they weigh the adverse impact
2023-05-23 17:16
London-Based Startup Builder.ai Raises $250 Million
Builder.ai, an artificial intelligence company based in London, has raised $250 million in a funding round led by
2023-05-23 17:15
UK Service Firms Report Fastest Rise in Costs in Three Months
Britain’s service-sector companies reported the fastest increase in cost pressures in three months, the latest sign that the
2023-05-23 16:55